Farmers in Hanoi are set to receive financial support totaling VND440 billion (US$17 million) to help offset recent production losses, according to local authorities.

They could receive a maximum of VND90 million (US$3,400) per hectare if their production is affected by natural disasters or crop diseases.

This support policy, approved by the Hanoi People's Council on July 9, aims to help individuals and businesses in the agricultural sector recover quickly from damage caused by extreme weather events or pest outbreaks.

The maximum support of VND90 million (US$3,400) per hectare applies to nurseries with elite plant varieties, ornamental kumquat gardens with over 70% damage, and slow-growing seedlings.

For staple crops such as rice, compensation can reach VND15 million (US$574) per hectare if losses are incurred more than 45 days after sowing and if the damage exceeds 70% of the plantation. If rice seedlings suffer similar levels of damage, they can receive support of up to VND45 million (US$1,700) per hectare.

Vegetables and other annual crops will receive support based on the growth stage. The highest level of aid – VND22.5 million (US$861) per hectare – will apply when over 70% of the crops are lost near harvest.

Perennial crops such as fruit trees and industrial plants are classified based on whether they are in the initial or productive stage. Trees in the productive stage that die or cannot recover will be eligible for up to VND45 million (US$1,700) per hectare.

Those growing other ornamental plants can receive compensation ranging from VND30 million to VND60 million (US$1,150–US$2,300) per hectare, depending on the level of damage.

Aquaculture projects, including intensive and semi-intensive fish farming in ponds and lakes, will receive support of VND90 million (US$3,400) per hectare. For cages, floating enclosures, or tanks, the aid is set at VND45 million (US$1,700) per 100 cubic meters.

Livestock compensation is up to VND4.5 million (US$172) per sow or breeding boar and up to VND12 million (US$460) per dairy cow over nine months old.

Piglets will receive assistance ranging from VND750,000 to VND905,000 (US$29 to US$35), depending on their growth stage. Pigs raised for meat that are over 75 days old are eligible for VND2.2 million (US$86) each.

According to the resolution, if the support is provided in the form of seeds, livestock, or other materials, the value will be determined by converting it into cash based on the market prices at the time of distribution.

According to the Hanoi People’s Committee, the estimated agricultural loss in 2024 was VND2.3 trillion (US$88 million). As of December 6, 2024, the city had allocated VND74.3 billion (US$2.8 million) to support the restoration of agricultural production in disaster-affected areas.